Castle Biosciences, Inc. (NASDAQ:CSTL – Get Free Report) COO Kristen Oelschlager sold 8,587 shares of Castle Biosciences stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $20.71, for a total transaction of $177,836.77. Following the completion of the sale, the chief operating officer directly owned 30,460 shares in the company, valued at $630,826.60. This represents a 21.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Castle Biosciences Price Performance
Shares of NASDAQ CSTL opened at $21.12 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 6.53 and a current ratio of 6.75. The firm has a fifty day moving average of $21.82 and a 200 day moving average of $29.77. The firm has a market cap of $640.57 million, a PE ratio of -48.00 and a beta of 1.04. Castle Biosciences, Inc. has a one year low of $14.59 and a one year high of $44.28.
Castle Biosciences (NASDAQ:CSTL – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.49) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.49). The business had revenue of $84.23 million for the quarter, compared to the consensus estimate of $79.23 million. Castle Biosciences had a negative net margin of 3.78% and a negative return on equity of 2.77%. As a group, research analysts predict that Castle Biosciences, Inc. will post -1.4 EPS for the current fiscal year.
Analyst Ratings Changes
Check Out Our Latest Report on Castle Biosciences
Institutional Trading of Castle Biosciences
Several large investors have recently bought and sold shares of the business. Federated Hermes Inc. purchased a new position in Castle Biosciences in the 4th quarter worth approximately $26,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Castle Biosciences in the fourth quarter valued at approximately $35,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Castle Biosciences by 26.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,418 shares of the company’s stock valued at $55,000 after purchasing an additional 297 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in Castle Biosciences by 140.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,750 shares of the company’s stock worth $68,000 after buying an additional 1,022 shares in the last quarter. Finally, CWM LLC boosted its stake in Castle Biosciences by 20.5% during the fourth quarter. CWM LLC now owns 2,302 shares of the company’s stock worth $90,000 after buying an additional 391 shares during the last quarter. Hedge funds and other institutional investors own 92.60% of the company’s stock.
About Castle Biosciences
Castle Biosciences, Inc is a molecular diagnostics company specializing in the development and commercialization of prognostic and diagnostic tests for patients with dermatologic conditions. The company’s proprietary portfolio of genomic assays is designed to improve risk assessment and guide clinical decision-making for individuals with skin cancers and other skin-related diseases. By combining genomic data with advanced statistical algorithms, Castle Biosciences seeks to provide actionable insights that help physicians tailor treatment plans and monitoring strategies.
The company’s flagship test, DecisionDx-Melanoma, evaluates the probability of metastasis in patients diagnosed with cutaneous melanoma, supporting more personalized surveillance and therapeutic approaches.
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